When attending a job interview, most people always
think of what to say to blow the interviewer away, just so we get the
job. In your mind, you become a high flyer when it’s time to sell
yourself to the panel of HR specialist and Top Management Team conducting the
interview, you start reeling out your best rehearsed achievements in
your field of specialization.
Pic Credit: Boston.com |
When
attending an interview, apart from researching about the company, you also need
to research on the internal structure and staff welfare package of the company.
These, will guide you better if asked the almighty question about
salary expectation. Because this question could either make you settle for less
or make you scream Hallelujah!
In
most cases, while Mr. B's answer seems very apt, in reality it is not any
better from Mr. A's response. You want to know why? I will tell you
why from my own personal experiences over the years.
So
you nailed the interview and you also got them to pay you within the salary
range you requested for, let’s say maybe N1M per annum. You dress nicely to
pick up your employment letter, which states all the additional benefits, like
housing, utility, entertainment, transportation, bonus etc., and then your heart
is beating so fast with joy and you can't wait for the resumption day to come,
so that you can prove to your employer they made the right choice.
Fast forward to one month after the job, and you get that first credit alert
you have been waiting for, then the true reality sets in. Pension deducted 8%
that is employee, tax deducted between 10%-20% of monthly gross (you are on
your own is the company is tax compliant), Bonus of 3% to be paid at the end of
the financial year. Congrats Mr. B, your take home has now become your night
mare because you negotiated your Annual Gross Income only.
The
scenario above has happened to practically everyone I know living in Nigeria,
especially within the Lagos Metropolis. I know you are nodding your head now in
agreement to this scenario. So what is the solution and way out of this
reoccurring event that has played out in most of our lives?
You
are welcome to the new Nigeria, where you have to always dot your i's and
cross your t's at every given opportunity. When next you are asked that very
important life defining question at an interview, all you need to do is to be
very specific and in clear terms negotiate your take home, that is your Net
after all deductions. The Gross they arrive at, is the company's cup of tea and
not yours. Whatever deductions on taxes pension or just name it is their cross,
as long as they are able to pay for what you have requested for on a monthly
basis, and then both parties are fine. In most cases we like the sound of the
Gross pay, because it’s round and bogus and sounds pleasing to the heart and
soul, but in reality, the shock that comes with it, will leave you speechless
for the next couple of months, and instead of you to settle into your new
job, employees begin to plan the next move.
Don't
get caught up in those fancy packages, they are mostly deducted from your Gross
pay, the next time you are asked the salary expectation question, remember to
talk about your take home(Net earnings) in clear terms.
Take home is the Koko, all those gross salary na packaging.
ReplyDeleteLooooooooolllll!
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